Greece (GRC) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Greece-Papua New Guinea Trade: In 2022, Greece exported $17.3k to Papua New Guinea. The main products that Greece exported to Papua New Guinea were Engine Parts ($4.19k), Rubber Sheets ($3.88k), and Wrenches ($1.11k). Over the past 5 years the exports of Greece to Papua New Guinea have decreased at an annualized rate of 33.6%, from $134k in 2017 to $17.3k in 2022.

In 2022, Greece did not export any services to Papua New Guinea.

Papua New Guinea-Greece Trade: In 2022, Papua New Guinea exported $366k to Greece. The main products that Papua New Guinea exported to Greece were Processed Fish ($3.3M), Coffee ($112k), and Vanilla ($6.53k). Over the past 5 years the exports of Papua New Guinea to Greece have increased at an annualized rate of 114%, from $8.25k in 2017 to $366k in 2022.

In 2022, Papua New Guinea did not export any services to Greece.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $17.3k to Papua New Guinea. The main products exported from Greece to Papua New Guinea were Engine Parts ($4.19k), Rubber Sheets ($3.88k), and Wrenches ($1.11k). During the last 5 years the exports of Greece to Papua New Guinea have decreased at an annualized rate of 33.6%, from $134k in 2017 to $17.3k in 2022.

In 2017, Papua New Guinea exported $366k to Greece. The main products exported from Papua New Guinea to Greece were Processed Fish ($3.3M), Coffee ($112k), and Vanilla ($6.53k). During the last 21 years the exports of Papua New Guinea to Greece have increased at an annualized rate of 114%, from $8.25k in 1996 to $366k in 2017.

Exports from Greece () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Greece () (2022)

Latest Data

Trade between Greece () and Papua New Guinea ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Papua New Guinea
Top DestinationJapan$4.03B

This map shows whether countries import more from Greece or Papua New Guinea. Each country is colored based on the difference in imports they receive from Greece and Papua New Guinea or the difference in the growth in imports.

In 2022, countries that imported more from Greece than Papua New Guinea included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

In 2022, countries that imported more from Papua New Guinea than Greece included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea () and Greece () (2022)

Comparative Advantage Greece - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Greece and Papua New Guinea by product, considering products traded by both, Greece and Papua New Guinea.

During 2022, Greece had a large net trade with Papua New Guinea in the exports of Machines ($4.42k), Plastics and Rubbers ($3.88k), and Metals ($1.11k).

During 2017, Papua New Guinea had a large net trade with Greece in the exports of Foodstuffs ($3.3M) and Vegetable Products ($119k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Papua New Guinea+$13.5kEngine Parts

Top Product Potential Papua New Guinea Greece+$318kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Papua New Guinea. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Papua New Guinea. Similarly, a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Papua New Guinea () (2022)

Exports from Papua New Guinea () to Greece () (2022)

Latest Data

Trade between Greece () and Papua New Guinea ()

Greece Exports

Market Competitiveness

Difference in imports from Papua New Guinea () and Greece () (2022)

Comparative Advantage Greece - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Papua New Guinea () (2022)

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